Farmers National Company Acquires Peoples Bank and Trust Farm Management Business

Key Takeaways

• Farmers National Company has acquired the farm management business of Peoples Bank and Trust, headquartered in McPherson, Kansas.
• The acquisition covers over 20,000 acres, bringing Farmers National Company's total managed acreage in Kansas to over 400,000 acres.
• The transition was planned to ensure continuity of service for existing farm management clients.
• The company operates in nearly 30 states and has provided farm and ranch management services since 1929.
• The acquisition reflects both organizations' focus on long-term stewardship and support for agricultural landowners.

Farmers National Company Acquires Peoples Bank and Trust Farm Management Unit in Kansas

Farmers National Company has announced the acquisition of the farm management business of Peoples Bank and Trust, based in McPherson, Kansas.

Details of the Acquisition

The acquisition includes over 20,000 acres previously managed by Peoples Bank and Trust. With this addition, the company's total managed acreage in Kansas now exceeds 400,000 acres.

Continuity for Existing Clients

Peoples Bank and Trust had developed long-standing relationships with its farm management clients over a number of years. The company has stated that the transition was planned to ensure a smooth handoff and to maintain continuity of service for those clients, while expanding access to the firm's broader management and advisory capabilities.